CBN latest news

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Opinion

Economic Challenges, CBN And Reconstruction Policies

Economic reconstruction is defined as "a process for creating a proactive vision of economic change.’’ The need for economic reconstruction arises from the existing fundamental problems

Arize Nwobu

2 hours ago

Nigeria's Inflation Projected To Reach 32.63% Amidst Economic Challenges

Business·Finance & Economy

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

Economic experts have raised concerns about the implications of the decision of the Central Bank of Nigeria (CBN) to further tighten monetary policy on businesses in the country.

Victor Ezeja

2 months ago

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business·Currency

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) with a fixed minimum share capital requirement of $1 million.

Emmanuel Ochayi

3 months ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·Latest News

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

Nigeria has witnessed a surge in currency in circulation (CIC), with an increase of N890 billion within the short span of three months under the leadership of Governor Cardoso at the Central

Emmanuel Ochayi

3 months ago

Business·Latest News

CBN Orders Banks To Sell Excess Dollars In 24hrs

The Central Bank of Nigeria (CBN) has issued a circular instructing Deposit Money Banks to sell off excess dollar stocks by February 1, 2024. The directive comes as part of a broader

Emmanuel Ochayi

3 months ago

Business

Relocation Of Some CBN Units To Lagos Will Ensure Efficient Oversight Of Banks – Economist

As reactions continue to trail the decision of the Central Bank of Nigeria (CBN) to relocate some of its departments from Abuja to Lagos, some economic experts have averred that it is

Victor Ezeja

3 months ago

Business

CBN, Foreign Airlines Differ On $700m Trapped Fund

The Central Bank of Nigeria (CBN) declared on Tuesday that it had settled all verified claims by foreign airlines, culminating in an additional payment of $64.44 million

Emmanuel Ochayi

3 months ago

Over 1,500 CBN Staff Will Relocate To Lagos February 2

1,500 Central Bank of Nigeria (CBN) staff members are set to resume work at its Lagos office this Friday after being redeployed from the headquarters, according to a source.

Emmanuel Ochayi

3 months ago

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs Not Yet Time For Celebration - Expert

Business

CBN Disburses $500m To Tackle Forex Backlog

CBN has announced the release of $500 million to address the backlog of verified foreign exchange transactions across various sectors.

Emmanuel Ochayi

3 months ago

Opinion

CBN, Economy And Expectations

President Tinubu is a political tactician who often defines his roadmaps and works slowly, steadily and strategically to achieve his set goals

Arize Nwobu

3 months ago

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CBN latest news

Economic Challenges, CBN And Reconstruction Policies

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

CBN Orders Banks To Sell Excess Dollars In 24hrs

Relocation Of Some CBN Units To Lagos Will Ensure Efficient Oversight Of Banks – Economist

CBN, Foreign Airlines Differ On $700m Trapped Fund

Over 1,500 CBN Staff Will Relocate To Lagos February 2

CBN Disburses $500m To Tackle Forex Backlog

CBN, Economy And Expectations

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